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Obverse of 1823 Half Eagle     Reverse of 1823 Half Eagle


1823 FIVE DOLLARS
OR HALF EAGLE

PCGS No: 8131

Mintage:

Circulation strikes: 14,485
Proofs: 0

Designer: Robert Scot & John Reich

Diameter: 25 millimeters

Metal content:
Gold - 91.7%
Silver and Copper - 8.3%

Weight: 135 grains (8.748 grams)

Edge: Reeded

Mintmark: None (all dates of this type were struck at the Philadelphia mint)

Images courtesy of Hanks & Associates

Choice Uncirculated (illustrated above).  The Rogers collection.

Recent appearances:
PCGS MS-63.  Ex - Superior Galleries' "Pre-Long Beach Sale" May 27-29, 2001, Lot 4044, where it was described as follows: "1823 Breen-6481. PCGS graded Mint State 63. A coin that aptly deserve this outstanding grade since the fields are vibrantly alive with glittering luster and, on the whole, frosty though with some reflective quality in areas. Rims are defect free as are all stars, which are refreshingly complete in their radials. Brilliant yellow gold without tarnish or haymarking as so often seen. The coin is on a par with a similarly graded example sold in a Heritage sale in January 1998 (lot 7776) and one that we offered in our June 1998 pre-Long Beach sale, lot 2179. Coin is housed in PCGS holder 10002503.  In the National Archives there is reference to public assays (Paris, 1831) at one of which some 40,000 U.S. Half Eagles of "recent mintage" (Presumably the elusive 1815-30 dates) were melted and found to be of full weight and fineness. This was undoubtedly only one instance among many such extensive meltings in the 1830s and 1840s."

PCGS MS-63.  Ex - Rarcoa's sale of April 1968 - Rowe and Brownlee, May 7, 1969 - Harry W. Bass, Jr. - Auctions by Bowers & Merena, Inc.'s sale of the Harry W. Bass, Jr. Collection, Part II, October 1999, Lot 817 - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 4010, "Miller-146, High Rarity-5...", illustrated, sold for $27,600.00

Notes:
The finest examples graded by PCGS are 4 MS-64's.


Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia Of U.S. And Colonial Coins" by Walter Breen

"The PCGS Population Report, July 2003" by The Professional Coin Grading Service